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STATEMENT FOR IKE PRESS s t . 6296 Federal Reserve Board August 26, 1929 For Immediate release CONDITIO!! OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES ^ Kie Federal Reserve Board's condition statement of weekly reporting member uamcs in 101 leading c i t i e s on August 21 shows decreases f o r the week of <$>28,000,000 in loans and investments, of $126,000,000 in net demand deposits and of $40,000,000 in borrowings from Federal reserve banks. • Loans on s e c u r i t i e s declined $44,000,000 a t $62,000,000 a t a l l reporting banks. $29,000,000 in the New York d i s t r i c t , $10,000,000 $8 000,000 in the Chicago d i s t r i c t , $7,000,000 in $57,000,000 a t a l l r e p o r t i n g "banks. reporting banks i n the New York "All other" loans increased in the Boston d i s t r i c t the Philadelphia d i s t r i c t and Holdings ot United S t a t e s Government s e c u r i t i e s declined $7,000,000 in the New York d i s t r i c t and $10,000,000 a t a l l reporting banks, while holdings of other s e c u r i t i e s show a reduction of $1],000,000 f o r the week. „ . N e t demand deposits, which a t a l l reporting banks were $126,000,000 below the August 14 t o t a l declined in a l l d i s t r i c t s , except Cleveland, which show's an H»°°°'000»J£eP?inc W reductions by d i s t r i c t s being: New York $57,000,000, S t . Louis, $14,000,000, Boston and Kansas City $13,000,000 each San Francisco $11,000,000, Dallas $10,000,000 and Atlanta $9,000,000. Time deposits show l i t t l e change f o r the week. ™ , ™ r . - T h e / r i n C i p a I ? ^ g e S i n borrowings from Federal reserve banks f o r the week °f ^ 7 , 0 0 0 , 0 0 0 a t t h e Federal Reserve Bank of New York and 9>dU,000,000 a t Cleveland, and an increase of $20,000,000 a t Boston. A t n U ^ r y ° f J h \ P r i n C i p a l a s s e t s and l i a b i l i t i e s of weekly reporting member follows' changes during the week and the year ending August 21, 1929 In millions of dollars) Increase or decrease since Aug. 21.1929 Loans and investments - t o t a l 22,433 Loans - t o t a l 16,946 On s e c u r i t i e s All other Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserve with F. R. banks Cash in v a u l t Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. £ . Banks W. Aug. 14.1929 Aug, 22.1928 - 28* + 747 4* 1,190 7,513 9,432 + 62 57* + + 768 421 5,488 - 23 — 442 2,724 2,764 - 10 13 1,650 236 - 24 10 - ISO 262 - 11 9 - 126 1 * 283 93 io4 1,039 2,557 - 4o 77 + 2 166 686 - 4o 13,068 6 7 ' $ •"August l 4 f i g u r e s revised. 112 - Federal.- Reserve -Board August 22, 192$. For immediate r e l e a s e C®TDI TIGHT OF WEEKLY.REPORTING &EMBER BALTKS IN CEHRAL RESERVE CITIES (In millions of d o l l a r s ) Aug. 21 192Q Aug, lU 192q Aug. 22 1928 MEW YORK Loans and investments - t o t a l 7.354 7,381 6,883 Loans - t o t a l 5,637 5,653 5,134 < 2,775 2,862 2,822 2,830 2,470 2,663 1,717 1.728 1,749 955 762 962 766 996 753 700 52 ? 56 692 52 5,120 1.149 11 5.172 1,142 11 4,986 1,158 25 Dae from "banks Due to "banks S3 810 89 836 86 852 Borrowings from F. R, Bank l44 191 229 926 1,787 3,372 6,085 965 1,810 3.178 5.952 809 1.513 1,880 4,201 5,738 347 5,597 355 3,350 851 On s e c u r i t i e s All other Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserve with F. R. Bank Cash in vault Net demand deposits Time deposits Government deposits Loans on s e c u r i t i e s to "brokers and dealers: For own account For account of out-of-town "banks For account of others Total On demand On time CHICAGO Loans and investments - t o t a l 2,063 2,06s 2,O44 Loans - t o t a l 1,661 1,662 1,578 936 725 94s 714 846 731 4o3 165 237 4o6 466 166 24O 216 250 175 15 ZS On s e c u r i t i e s All other Investments - t o t a l U. S» Government s e c u r i t i e s Other s e c u r i t i e s Reserve with F. R. Bank Cash in vault Net demand deposits Time deposits Government deposits Due from hanks Axe to "banks Borrowings from F. R. Bank 1, l l 3 669 3 1,254 669 3 1,226 672 12 137 307 l44 310 150 340 33 43 77 ( S t . 6296a) For immediate r e l e a s e PRINCIPAL RESOURCES A1TD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT CRT AUGUST S I , 1929 ( I n m i l l i o n s of d o l l a r s ) Total Boston New York P h i l a . Federal CIeve. | Rich. Reserve Atlanta Chicago St. Louis District Minn- 1 Kansas Dallas eapolis j City San Fran. Loans and investments-total 22,433 1,507 8,599 1,230 2,200 673 64l 3,383 693 392 704 476 1,934 Loans - t o t a l 16,946. 1,163 6,587 925 1,563 516 516 2,703 529 270 472 352 1,349 7,513 9,432 481 682 3,210 3,377 & 733 831 199 316 152 363 1,283 1,420 238 291 86 185 137 335 101 251 415 934 5,488 344 2,012 306 637 158 125 679 164 122 232 124 585 2,724 2,764 172 172 1,057 954 94 212 305 332 74 84 67 309 370 54 110 68 54 109 123 82 4l 3%o 245 1,650 236 95 18 760 66 74 15 128 29 39 12 38 10 254 37 42 6 24 6 57 11 31 8 107 18 13,068 6,730 44 893 455 2 5,704 1,687 12 699 260 4 1,066 950 5 243 2 313 236 3 1,308 1,260 4 354 224 1 229 13,1 512 183 1 ' 272 142 3 770 959 7 1,039 2,557 45 101 125 864 54 152 93 197 48 87 1 201 431 46 100 50 77 116 215 51 70 144 179 6s6 63 183 56 50 27 46 94 42 18 24 32 51 On s e c u r i t i e s All other Investments - t o t a l IT. S« Govt, s e c u r i t i e s Other s e c u r i t i e s Reserve with F. R. Bank Cash in v a u l t Net demand deposits Time deposits Government deposits Due from banks Due to "banks Borrowings from F. R. Bank C.
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